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AN ACT IMPOSING TEMPORARY DUTIES UPON CERTAIN AGRI.
CULTURAL PRODUCTS TO MEET PRESENT EMERGENCIES, AND
TO PROVIDE REVENUES; TO REGULATE COMMERCE WITH
FOREIGN COUNTRIES; TO PREVENT DUMPING OF FOREIGN
MERCHANDISE ON THE MARKETS OF THE UNITED STATES;
TO REGULATE THE VALUE OF FOREIGN MONEY;

AND FOR OTHER PURPOSES

APRIL 18, 19, 21, 22, 23, AND 26, 1921

Printed for the use of the Committee on Finance

WASHINGTON
GOVERNMENT PRINTING OFFICE

1921

46560

COMMITTEE ON FINANCE.

BOIES PENROSE, Pennsylvania, Chairman. PORTER J. MCCUMBER, North Dakota. FURNIFOLD M. SIMMONS, North Carolina. REED SMOOT, Utah.

JOHN SHARP WILLIAMS, Mississippi. ROBERT M. LA FOLLETTE, Wisconsin. ANDRIEUS A. JONES, New Mexico. WILLIAM P. DILLINGHAM, Vermont. PETER G. GERRY, Rhode Island. GEORGE P. MCLEAN, Connecticut.

JAMES A. REED, Missouri.
CHARLES CURTIS, Kansas.

DAVID I. WALSH, Massachusetts.
JAMES E. WATSON, Indiana.
WILLIAM M. CALDER, New York.
HOWARD SUTHERLAND, West Virginia.

LEIGHTON C. TAYLOR, Clerk.

W. B. STEWART, Assistant Clerk. 2

TABLE OF CONTENTS.

Page.

Amberg, J. L., representing Leo Schlesinger & Co., 64-68 Wooster Street,

New York, N. Y.---

197

Bowie, H. D., representing Doll and Stuffed Toy Manufacturers Associa-

tion, New York, N. Y.-

214

Cooke, Levi, attorney at law, Washington, D. C----

125

Navis, George, special agent in charge, Customs Service, New York, N. Y. 36

De Vries, Hon. Marion, associate judge, United States Court of Customs

Appeals--

25, 171

Doherty, Thomas J., director, National Council of American Importers

and Traders, Flat Iron Building, New York, N. Y.-

81,96

Duffy, John Giblon, counsel for the Thonet-Wanner Co. (Inc.), New

York, N. Y.-

159

Fischer, Hon. Israel F., member, United States Board of General Ap-

praisers.

68

Fix, Otto, special agent in charge, Comparative Valuation Report Bureau,

New York, N. Y.-

58

Franklin, N. E., president, National Council of Importers and Traders,

New York, N. Y.

81

Gilbert, Alfred C., president, A. C. Gilbert Co., New Haven, Conn.--

181

Herty, Dr. Charles H., editor, Journal of Industrial and Engineering

Chemistry, New York, N. Y.---

122

Hillborn, Walter S., attorney at law, New York, N. Y.-

121

Kenyon, Hon. William S., United States Senator from Iowa..

31

Knox, Hon. Philander C., United States Senator from Pennsylvania.

175

Levett, B. A., attorney at law, New York, N. Y----

153

Nevius, Joseph D., assistant chief, Customs Service-

33

Rafter, John R., 34 Pine Street, New York, N. Y

135

Schmits, W. D., New York, N. Y.

165

Spencer, Hon. Seldon P., United States Senator from Missouri.

95

Walker, John E., draftsman, Senate Legislative Drafting Service-

9

3

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EMERGENCY TARIFF AND ANTIDUMPING.

MONDAY, APRIL 18, 1921.

UNITED STATES SENATE,
COMMITTEE ON FINANCE,

Washington, D. C. The committee met in executive session in Room 310, Senate Office Building, pursuant to the call of the chairman, at 10.30 o'clock a. m., Hon. Boies Penrose presiding.

Present: Senators Penrose (chairman), McCumber, Smoot, La Follette, Dillingham, McLean, Curtis, Watson, Calder, and Simmons.

Present, also: Mr. John E. Walker, Chief of the Senate Branch of the Legislative Drafting Service.

The committee proceeded to the consideration of House bill 2435, which is in full as follows:

[H. R. 2435, Sixty-seventh Congress, first session.]

AN ACT Imposing temporary duties upon certain agricultural products to meet present emergencies,

and to provide revenue; to regulate commerce with foreign countries; to prevent dumping of foreign merchandise on the markets of the United States; to regulate the value of foreign money; and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

TITLE I.

EMERGENCY TARIFF.

That on and after the day following the passage of this act, for the period of six months, there shall be levied, collected, and paid upon the following articles, when imported from any foreign country into the United States or into any of its possessions (except the Philippine Islands, the Virgin Islands, and the islands of Guam and Tutuila), the rates of duty which are prescribed by this section, namely:

1. Wheat, 35 cents per bushel.
2. Wheat flour and semolina, 20 per centum ad valorem.
3. Flaxseed, 30 cents per bushel of fifty-six pounds.
4. Corn or maize, 15 cents per bushel of fifty-six pounds.

5. Beans, provided for in paragraph 197 of the act entitled “An act to reduce tariff duties and to provide revenue for the Government, and for other purposes," approved October 3, 1913, 2 cents per pound.

6. Peanuts or ground beans, 3 cents per pound. 7. Potatoes, 25 cents per bushel of sixty pounds. 8. Onions, 40 cents per bushel of fifty-seven pounds. 9. Rice, cleaned, 2 cents per pound, except rice cleaned for use in the manufacture of canned foods, on which the rate of duty shall be 1 cent per pound; uncleaned rice, or rice free of the outer hull and still having the inner cuticle on, 14 cents per pound; rice flour, and rice meal, and rice broken which will pass through a number twelve wire sieve of a kind prescribed by the Secretary of the Treasury, one-fourth of 1 cent per pound; paddy, or rice having the outer hull on, three-fourths of 1 cent per pound.

10. Lemons, 2 cents per pound.

11. Oils: Peanut, 26 cents per gallon; cottonseed, coconut, and soya bean, 20 cents per gallon; olive, 40 cents per gallon in bulk, 50 cents per gallon in containers of less than five gallons. 12. Cattle, 30 per centum ad valorem.

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